Instead, they used one of our techniques for reading the price action in real time, and found a highly efficient entry. Using an 8 pip stop loss, their first target was +1R, while their final target was +3R, for a total avg. of +2R, with the trade never going negative.

Trade #2: +176 Pips on AUDUSD Daily Chart

While other ‘authorities‘ on price action were talking about using a trade entry trick, we were buying just above their stop, getting a far more efficient entry. Here the student aptly found a great entry level and target, which reversed shortly after.

An excellent trade here, finding where the order flow was most likely to pull back to, entering at 9015, with a 17 pip stop, just below the ‘big figure’ at 9000, taking profit at 9085 for +4.1R!

You can see their entry and exit arrows with the blue triangle as the entry, while the red triangle is the exit.

Trade #4: +5R on USDCAD 5 Minute Chart

Who says you cannot find a high quality setup on the intra-day charts? We do, and our students do, week in-week out. Here the student traded a false break setup of ours, entering at 1.1053, with a SL at 1.1039 (14 pips), taking profit at 1.1127 (74 pips) for a +5.25R in less than 6 hours!

In Closing
As you can see, our traders make money on all time frames. We do not teach a very freshman version of price action, that the only safe haven for high quality setups is higher time frames.

This is an illusion. The algos and institutional traders make money on all time frames across the board.

Hi, I'm Chris Capre, Founder of 2ndSkiesForex. I've turned $3,000 into $83,000 in my first 6 months of trading. I'm a verified profitable trader and trading mentor. I help traders of all levels change the way they think, trade and perform. As a professional trader, I specialize in trading price action and the Ichimoku cloud. As a trading mentor, I have one goal: to change the way you think, trade and perform using 18yrs of trading experience and cutting edge neuroscience to wire your brain for successful trading. Want to improve your trading edge and mindset? Check out my trading courses here.

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